Founded in 2017, SwissBorg set off with the hope to make crypto investing accessible to all through its crypto trading platform.
“Fun” isn’t usually a word you would use when you talk about investment, but SwissBorg looks to emphasise how its work and development are community-driven. The “fun” proof is in the pudding; it has a YouTube channel with 10,000+ subscribers, and two successful apps, highlighting its aim to bring finance and banking into the modern world. Hitting a $1 billion valuation in 2021, it definitely seems like it's doing something right. Swissborg has attempted to set itself apart not only with its detachment from the old banking ethos but also through its use of a DAO platform, which really affirms its desire to be community-led.
After much turmoil in the cryptocurrency market, SwissBorg has been highlighted as one of the safest platforms by a number of sources. This is clearly something it's prioritising just as much as immediate user needs, as it looks to ensure it doesn't become another victim of the volatility of the crypto industry. Series A funding of $23 million should go some way to quash any worries about the company's longevity.
Kirsty
Company Specialist at Welcome to the Jungle
